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The Reduction in Consumer Lending Product Set

Home Reduction in Consumer Lending Product Set

Memo To: CRA Public File |  Date: 1/12/2024

RE: Reduction in Consumer Lending Product Set

On January 1, 2024, Machias Savings Bank eliminated the following products from its consumer lending offerings:

  1. Unsecured Personal Loans
  2. Recreational/Vehicle Loans

All information on these products was removed from the website and printed materials on 1/1/2024. This impacts the entire geographic footprint of the bank.

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